Siemens Healthineers Sets 2021 Dividend, Confirms Medium-Term Growth Targets
February 15 2022 - 3:57AM
Dow Jones News
By Cecilia Butini
Siemens Healthineers AG on Tuesday set a dividend for 2021 and
confirmed targets for the years 2023 to 2025, which it had
previously set.
The German medical-equipment maker proposed a dividend of 0.85
euros ($0.96) a share for the 2021 fiscal year ended Sept. 30,
which represents a distribution of 55% of net income, it said.
The company confirmed it is aiming to achieve a comparable
annual growth rate of 6% to 8% in fiscal years 2023 to 2025, and
that adjusted basic earnings per share are expected to increase by
12% to 15% a year over the same period.
Siemens Healthineers also said it is going to invest EUR60
million in the coming years to expand its production site in
Kemnath, Germany, which will be prepared to manufacture individual
components and complete radiotherapy systems for Varian after its
acquisition.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
February 15, 2022 04:42 ET (09:42 GMT)
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